Japan Is Set for Its Longest Run of Economic Growth in a Decade
Posted: Wed May 17, 2017 7:02 am
Bloomberg - 5/16/2017 - Keiko Ujikane - While Japan’s failure to spur inflation continues to generate angst about the nation’s future, gross domestic product data this week is likely to show that the economy has still managed to eke out five straight quarters of expansion. That would be the best run since 2006, during Japan’s last period of political stability under the leadership of then-Prime Minister Junichiro Koizumi. Thanks to a strong showing from exporters -- aided by a yen that’s back at the more competitive levels of a decade ago -- Shinzo Abe’s government is set to better Koizumi’s run later this year. Read more @ https://www.bloomberg.com/news/articles ... n-a-decade